Miter Secures $40 Million to Revolutionize Construction with AI-Enhanced Platform
Miter's Pioneering Approach
Miter, a frontrunner in AI-powered workforce management for the construction industry, has recently announced the successful closure of a $40 million Series B funding round. This significant investment, led by Battery Ventures, propels Miter's total financing to an impressive $78 million. With other notable investors like Bessemer Venture Partners and Coatue also contributing, this funding will enable Miter to further enhance its groundbreaking platform designed to simplify and modernize construction operations.
A Changing Landscape in Construction
In today’s rapidly changing economic environment, the construction industry stands out as a dynamic sector. Miter is dedicated to addressing the complexities of this $2 trillion industry, especially its notorious technology